An investor places a ________ order with a broker to buy a particular stock at a specific price, if and when t

a.call
b.market
c. put
d.limit

Please let me know which answer it is

A limit order specifies the price you will pay, thus the correct answer. A market order is made at whatever the current price is. A call and a put are not related to the question.

*Limit*

Puts and calls are types of stock options, that is to say they are securities in their own right. They aren't order types.

A market order tells the broker to buy immediately at whatever price is available in the mark.

sort of a no brainer. d

Good luck passing your class if these homework questions are too hard for you. You'll need it. If you are a real investor (Choke!), you'll be broke in no time.

Of course, you could be a broker. The level of knowledge seems about average for those ... never mind.

d. limit order

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